Benedicta

Benedicta is a member of the communal bank, El Molinito II. The bank is located in the district of Cusco in Cusco province, department of Cusco.

Benedicta is over 60 years old and is a widow with seven children. She divides her time between her daily activities and her job selling vegetables. She buys her vegetables at the Huancaro market and sells them in the El Molino market and works every day from 5:00 am until 5:00 pm. Benedicta would like to expand her vegetable selling business. She has requested this loan in order to buy vegetables such as carrots, potatoes, peas, and other vegetables.

Benedicta is grateful for the loan and is committed to making her payments on time.

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Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).